Qilin Token Distribution Model
There is a limited number of Qilin Tokens to be issued. They will be distributed in batches with price rising in trigonometric logarithmic progression for the token in every new batch. What is most important, Qilin.Market will not burn its Tokens — and here is why.
Most of crypto tokens and digital coins suffers edgy valuation drop just right after the end of ICO. That happens because early investors are willing to make profits instantly as soon as new-baked currencies hit exchanges.
To prevent this dramatic scenario for Qilin.Market project fuel and establish a long-term, non-volatile and stable growth for its valuation a unique approach on token distribution was implemented.
Token Batches
Qilin Tokens would be distributed in batches. There would be only 100 batches with 70 000 Qilin Tokens in each. Price of Token in batch is different as defined by formula:
Generally that means Qilin Token price will rise with every next distributed batch. Thought it may be a very slight growth within couple of batches that can become serious value after a dozen of batches is gone. Being a true trigonometric logarithmic function, it provides the most rapid growth on the last batches — and here is where the magic starts.
Hard Cap
After achieving the hard cap on Token Distribution Event every next token will be released for on public exchanges with the same formula applied to its price. To say the least, they are don’t even planed to be sold here, but we believe that can radically change the major trend on hitting the lists.
Even very early contributors those are not interested in using token for platform functionality (we assume there might be some as well) will prefer to wait some time for gaining even more value as project develops.
That tiny trick will make sure that Qilin Token is not expected to cost less as there would be no way to get it cheaper, ever.
No Tokens Burning
So, instead of burning tokens (like most projects do) and considering it’s extremely low supply Qilin.Market after its launch will sell rest of tokens on official website with a help of public exchange. Every new registered Qilin.Market user, being it a Seller, Merchant or Delivery Service will need a token to operate on platform. He will have an option to buy it directly from platform (with price that is higher with every next token offered) or get from those who don’t need them.
Qilin.Market team believe that is just a start for a long story of transactions with cryptocurrencies. We are here to stay that’s why we prefer long-terms strategy.
You are invited to join us in this journey!
Website: http://qilin.market
Whitepaper: http://qilin.market/whitepaper
Telegram Global Chat (EN): https://t.me/qilinmarket
Telegram News Channel: https://t.me/qilin_market
Facebook: https://www.facebook.com/qilin.market
Twitter: https://twitter.com/qilin_market
Bitcointalk: https://bitcointalk.org/index.php?topic=2418101.0
